Presidential tax committee recommends N800/$ Customs duty rate
The Presidential Committee on Fiscal Policy and Tax Reforms has recommended an exchange rate of N800 per dollar Customs import duty rate for the rest of the year.
Naira appreciates to N1,350/$ in parallel market
The naira yesterday appreciated to N1,350 per dollar in the parallel market from N1,430 per dollar on Monday.
Binance: Collaboration with SEC, EFCC, NSA fruitful — CBN Gov
The Central Bank of Nigeria, CBN, said yesterday it was the role of the Securities and Exchange Commission, SEC, to regulate cryptocurrency transactions in the country, and not the responsibility of the apex bank.
CBN raises interest rate to 24.75%, insists all verified FX backlog cleared
The Central Bank of Nigeria (CBN) has again raised the Monetary Policy Rate, MPR, its benchmark interest rate by 200 basis points to 24.75 percent from 22.75 per cent.
Recent forex stability commendable – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says recent stability achieved in the foreign exchange market is commendable.
Naira up to N1,470/$ in parallel market
The Naira on Friday appreciated to N1,470 per dollar in the parallel market from N1,480 per dollar on Thursday.
Naira down to N1,480/$ in parallel market
The naira yesterday depreciated to N1,480 per dollar in the parallel market from N1,450 per dollar on Wednesday.
Naira rises to N1,580/$ in parallel market
The naira yesterday appreciated to N1,580 per dollar in the parallel market from N1,590 per dollar on Monday.
Forex: Court strikes out charge against 19 BDC operators
Justice Lewis Allagoa of a Federal High Court in Lagos, on Monday, struck out the charge against 19 Bureau De Change (BDC) Operators, following the withdrawal of the case. The suspects are Ibrahim Jubril, Abdullahi Abubakar, Ibrahim Hassan, Adamu Isiaka, Ibrahim Abdulrahman, Jubril Hassan, Mohammed Isoaka, Mohammed Aminu and Adamu Ibrahim. Others are Hassan Amadu, […]
Forex: Court strikes out charge against 19 BDC operators
Justice Lewis Allagoa of a Federal High Court in Lagos, on Monday, struck out the charge against 19 Bureau de Change (BDC) Operators, following the withdrawal of the case.
Naira falls to N1, 540/$ in parallel market
The Naira on Friday depreciated to N1,540 per dollar in the parallel market from N1,490 per dollar.
Chika Mbonu to Tinubu: Declare war on oil thieves not FX speculators, BDC operators; reduce cost of governance
Mbonu faulted the government for saying the situation of the naira was the work of saboteurs or political enemies adding that such position was making things worse
(Cartoon) Mr & Mrs: ‘In this economy any stick will do, sir’
(Cartoon) Mr & Mrs: ‘Just make a stick available, sir’
Beyond Price of Rice: An assessment of the Nigerian economic situation
At a time the whole world is battling economic crisis, the economic situation of any country cannot singularly be evaluated by the prices of rice and beans
Cartoon: Can this Be Naira?
Cartoon: Can this Be Naira?
Cartoon: ‘Sir, all they want is the 4th letter’
Cartoon: ‘Sir, all they want is the 4th letter’
